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Business Management & Organization

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

_______________ is a term that is used to refer to the people who are in charge of running a business.

a)

Management

b)

Principals

c)

Officers

d)

Stakeholders

2.

Controlling, leading, organizing, and planning are the four____________ of management

a)

characteristics

b)

cornerstones

c)

functions

d)

objectives

3.

The process that managers use to develop goals and objectives, as well as strategies to achieve them, is called___________ .

a)

analysis

b)

planning

c)

organizing

d)

strategic thinking

4.

Most managers carry out ________ different functions of management.

a)

one

b)

two

c)

three

d)

four

5.

A disadvantage to line authority is that the managers have _____________who help with their responsibilities.

a)

few employees

b)

few specialists

c)

many employees

d)

many specialists

6.

On an organizational chart a direct line of authority is indicated by a_________ line.

a)

diagonal

b)

dotted

c)

solid

d)

straight

7.

A firm that has a centralized organization concentrates authority with _____________.

a)

individual contributors

b)

line managers

c)

middle managers

d)

top Managers

8.

One of the characteristics of a formal structure is____________.

a)

decentralization

b)

departmentalization

c)

project partnerships

d)

self-directed teams

9.

Informal structure often works well for___________ .

a)

international businesses

b)

large corporations

c)

service businesses

d)

small businesses

10.

A disadvantage of the line and staff authority structure is that it can lead to ______________.

a)

line-staff conflict

b)

overstaffing

c)

staff turnover

d)

understaffing